Financial dos and don’ts for young adults in an uncertain economy

The Bank of Canada announced a 0.5 percentage point rate hike on Wednesday. It’s the sixth consecutive increase in the past year alone. These increases have made borrowing more expensive and saving more difficult for Canadians.

With all this economic uncertainty, The Decibel hosted a conversation live on Twitter with three personal finance experts to talk about how young people should prepare to weather this storm. Rob Carrick, Erica Alina and Melissa Leong talk mortgages, savings and their key piece of personal finance advice for young people who may be feeling anxious.

You can listen to the full Twitter space conversation here.

Questions? Comments? Ideas? E-mail us at thedecibel@globeandmail.com

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